WHITE GREEN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WHITE GREEN
Largest movements
- Cash +€15,549
up €15,549 (+621%), from €2,504 to €18,053
mainly Tax, wage and social debts (+€14,940) and Trade debts (+€12,362)
- Stocks and contracts +€13,248
up €13,248 (+9.2%), from €144,302 to €157,550
- Tax, wage and social debts +€14,940
up €14,940 (+32.5%), from €46,000 to €60,940
of which Remuneration and social security: +€16,041
- Trade debts +€12,362
up €12,362 (+72.8%), from €16,978 to €29,340
- Other debts +€4,781
up €4,781 (+19.4%), from €24,590 to €29,371
- Profit (loss) carried forward -€3,286
down €3,286 (-8.1%), from €40,382 to €37,096
- Purchases and services -€11,480
down €11,480 (-9.2%), from €124,956 to €113,476
- Turnover -€11,338
down €11,338 (-5.4%), from €211,443 to €200,105
- Staff costs +€8,900
up €8,900 (+11.2%), from €79,475 to €88,375
- Taxes -€2,284
no longer reported in 2025 (was €2,284)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,806 | €178,603 | +€28,797 | +19.2% |
| Fixed assets | 21/28 | €3,000 | €3,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €146,806 | €175,603 | +€28,797 | +19.6% |
| Stocks and contracts in progress | 3 | €144,302 | €157,550 | +€13,248 | +9.2% |
| Stocks | 30/36 | €144,302 | €157,550 | +€13,248 | +9.2% |
| Cash at bank and in hand | 54/58 | €2,504 | €18,053 | +€15,549 | +621% |
| Total equity and liabilities | 10/49 | €149,806 | €178,603 | +€28,797 | +19.2% |
| Equity | 10/15 | €62,238 | €58,952 | -€3,286 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €3,256 | €3,256 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,256 | €3,256 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,256 | €3,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,382 | €37,096 | -€3,286 | -8.1% |
| Amounts payable | 17/49 | €87,568 | €119,651 | +€32,083 | +36.6% |
| Amounts payable within one year | 42/48 | €87,568 | €119,651 | +€32,083 | +36.6% |
| Trade debts | 44 | €16,978 | €29,340 | +€12,362 | +72.8% |
| Suppliers | 440/4 | €16,978 | €29,340 | +€12,362 | +72.8% |
| Taxes, remuneration and social security | 45 | €46,000 | €60,940 | +€14,940 | +32.5% |
| Taxes | 450/3 | €13,085 | €11,984 | -€1,101 | -8.4% |
| Remuneration and social security | 454/9 | €32,915 | €48,956 | +€16,041 | +48.7% |
| Other amounts payable | 47/48 | €24,590 | €29,371 | +€4,781 | +19.4% |
| Turnover | 70 | €211,443 | €200,105 | -€11,338 | -5.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €124,956 | €113,476 | -€11,480 | -9.2% |
| Remuneration, social security and pensions | 62 | €79,475 | €88,375 | +€8,900 | +11.2% |
| Other operating charges | 640/8 | €370 | €1,174 | +€804 | +217% |
| Gross operating margin | 9900 | €86,487 | €86,629 | +€142 | +0.2% |
| Operating profit (loss) | 9901 | €6,642 | -€2,920 | -€9,562 | |
| Financial charges | 65/66B | €418 | €366 | -€52 | -12.4% |
| Recurring financial charges | 65 | €418 | €366 | -€52 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €6,224 | -€3,286 | -€9,510 | |
| Income taxes | 67/77 | €2,284 | - | -€2,284 | |
| Profit (loss) for the period | 9904 | €3,940 | -€3,286 | -€7,226 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,940 | -€3,286 | -€7,226 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.